Notice & Comment

Notice & Comment

Notice & Comment

About That $91,000: A Cautionary Tale About the Paperwork Reduction Act of 1980 and Section 404 of the Sarbanes-Oxley Act of 2002, by Yoon-Ho Alex Lee

In 2002, after a series of accounting scandals involving Enron and WorldCom, Congress swiftly passed the Sarbanes-Oxley Act in an effort to restore investors’ confidence in the market. The passage of the Sarbanes-Oxley Act was a watershed moment in U.S. financial history, and Section 404—requiring management assessment and auditor attestation of internal controls of financial […]

Notice & Comment

The Strange Case of United States v. Google

Before he was appointed as Assistant Attorney General for Antitrust, Jonathan Kanter spent over a decade in private practice arguing on behalf of his clients that Google was violating antitrust law in many ways. That history was part of the basis for a year-long Justice Department (DOJ) investigation to determine whether Kanter is too biased […]

Notice & Comment

The CFPB’s Lack of Candor to the Court, Continued

Having closely followed the Consumer Financial Protection Bureau since its inception, I’m struck by the arguments that the CFPB is now making to the Supreme Court. After all, they squarely contradict a decade’s worth of the CFPB’s own statements. I’ve detailed that on Notice & Comment and elsewhere, but here is one more example, involving […]

Notice & Comment

ACUS Update: Seeking Consultants, New Recommendations, and Implementation Successes

I am honored to join Notice & Comment to revive the briefly dormant Administrative Conference Updates Series, which will provide regular updates on the work of the Administrative Conference of the United States (ACUS). This series will be your one-stop-shop for all the latest ACUS news, from information on new and ongoing projects to announcements […]

Notice & Comment

An Alternative Justification for Debt Forgiveness Under the HEROES Act, by Will Dobbs-Allsopp and Josh Bivens

When the Biden administration’s student debt relief plan comes before the Supreme Court next month, it could benefit from an unlikely ally: inflation.  The administration has issued its discharge plan under the HEROES Act, a statute that permits the Secretary of Education to “waive or modify” federal student loan requirements in connection with a “national emergency”—here, the Covid-19 pandemic. But […]

Notice & Comment

Concluding Thoughts, by Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand

*This is the eleventh and final post in a symposium on Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand’s “Networks, Platforms, and Utilities: Law and Policy.” For other posts in the series, click here. Writing a book review, especially when that book weighs in at 1,200 pages, is an act of generosity. We are so […]

Notice & Comment

The Justice Department Is Driving a Vertical Split over Chevron, by William Yeatman & Adi Dynar

In a recent post, the Cato Institute’s Isaiah McKinney presented empirical findings that, over the last three years, circuit courts applied the Chevron “two-step” 84.5% of the time when reviewing agency interpretations of their enabling statutes, with 59.2% of these cases proceeding to a deferential posture at Chevron step two. McKinney contrasted Chevron’s prevalence in […]

Notice & Comment

Section 230, Gonzalez, and the Ghost of FCC Regulation, by Adam Candeub

The Supreme Court will hear oral arguments in Gonzalez v. Google next month. This is the first time the Court will consider Section 230(c)(1) of the Communications Decency Act, the central internet liability statute. The Gonzalez plaintiffs are families of victims of the Paris, Istanbul, and San Bernardino terrorist attacks. They claim that YouTube’s targeted recommendations assisted or aided in […]

Notice & Comment

D. C. Circuit Reviewed: Reviewed – Two Energy Cases Decided; An Appointments Clause Issue in the Making?

The D. C. Circuit released two decisions last week, both upholding challenged agency actions. The first involved the Nuclear Regulatory Commission; the other involved FERC. Public utilities must file with FERC all rates and charges and may not charge a rate that is not on file. Utilities must report their operational costs incurred so that […]

Notice & Comment

Appropriations, the Budget, and Public Debt Transparency: The Fiscal Panorama, by Gillian Metzger, Anna Gelpern, Alissa Ardito Ashcroft, Erika Lunder, and Karla Vasquez-Suarez

Appropriations, budget, and public debt law lurk in the recesses of public law. Every now and again, in a blaze of glory and spilled ink, they emerge under the guise of a constitutional issue. Should a constitutional question arise, usually separation of powers, amid a political stalemate, then an extended shutdown or debt ceiling drama […]